Press Releases - Regulating Non-Banking - આરબીઆઈ - Reserve Bank of India
પ્રેસ રિલીઝ
જૂન 07, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Nityanand Capital Serices Pvt. Ltd., Sector 2, Building A/11/11 (Ground Floor), Santinagar, Mira Road (East), District Thane-401 107.As such, the above company cannot transact the business of a non-banking financial institut
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 5, 1999, the application for Certificate of Registration submitted by the financial company, M/s. Nityanand Capital Serices Pvt. Ltd., Sector 2, Building A/11/11 (Ground Floor), Santinagar, Mira Road (East), District Thane-401 107.As such, the above company cannot transact the business of a non-banking financial institut
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જૂન 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 3, 1999, the application for Certificate of Registration submitted by the financial company, M/s Canon Capital & Leasing (India) Ltd., 24 Kumharpara, Mangalwara Bhopal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on June 3, 1999, the application for Certificate of Registration submitted by the financial company, M/s Canon Capital & Leasing (India) Ltd., 24 Kumharpara, Mangalwara Bhopal.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
મે 28, 1999
RBI removes Ceiling on Bank Credit to NBFCs
The Reserve Bank of India (RBI) has removed the ceiling on bank credit in respect of all registered Non-Banking Financial Companies (NBFCs), engaged in principal business of equipment leasing, hire purchase, loan and investment activities. Banks may now assess and provide need-based finance to NBFCs, as per the loan policy laid down by them with the approval of their boards.Earlier, in respect of NBFCs, (other than RNBCs) which were registered with the Reserve Bank, b
The Reserve Bank of India (RBI) has removed the ceiling on bank credit in respect of all registered Non-Banking Financial Companies (NBFCs), engaged in principal business of equipment leasing, hire purchase, loan and investment activities. Banks may now assess and provide need-based finance to NBFCs, as per the loan policy laid down by them with the approval of their boards.Earlier, in respect of NBFCs, (other than RNBCs) which were registered with the Reserve Bank, b
મે 28, 1999
RBI prohibits Rapti Growth Fund Ltd. from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Rapti Growth Fund Ltd., C 4, Meera Bai Marg, Lucknow from accepting deposits with effect from May 27, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it under Sectio
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Rapti Growth Fund Ltd., C 4, Meera Bai Marg, Lucknow from accepting deposits with effect from May 27, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it under Sectio
મે 28, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 27, 1999, the application for Certificate of Registration submitted by the financial company, The Research Savings & Finance (India) Ltd., Mohini market, Exhibition Road, Patna 800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 27, 1999, the application for Certificate of Registration submitted by the financial company, The Research Savings & Finance (India) Ltd., Mohini market, Exhibition Road, Patna 800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
મે 27, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 26, 1999, the application for Certificate of Registration submitted by the financial company The Social Welfare Savings & Finance Ltd., M. S. Raza Building, Kabirpur, Nathnagar, Bhagalpur (Bihar).As such, the company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 26, 1999, the application for Certificate of Registration submitted by the financial company The Social Welfare Savings & Finance Ltd., M. S. Raza Building, Kabirpur, Nathnagar, Bhagalpur (Bihar).As such, the company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Sectio
મે 26, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Reliable Securities Ltd., 1-10-73/2, III Floor, Lumbini Arcade, Begumpet, Hyderabad 500 016.24.5.1999 2.The Bihar Capital Financiers Ltd., A/91, P.C. Colony, Kankar Bagh, Patna-20.25.
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Name of the CompanyRejected on 1. M/s Reliable Securities Ltd., 1-10-73/2, III Floor, Lumbini Arcade, Begumpet, Hyderabad 500 016.24.5.1999 2.The Bihar Capital Financiers Ltd., A/91, P.C. Colony, Kankar Bagh, Patna-20.25.
મે 20, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999, the application for Certificate of Registration submitted by M/s. Contact Securities Ltd., E-7/L-369, Arera Colony, Bhopal-462 016 for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a)
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999, the application for Certificate of Registration submitted by M/s. Contact Securities Ltd., E-7/L-369, Arera Colony, Bhopal-462 016 for carrying on the business of a Non-Banking Financial Institution.As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a)
મે 19, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999 the application for certificate of registration submitted by the financial company M/s. Mahakaushal Finvest Ltd., 73, Royal Market Road, Opposite Motia Talab, Bhopal 462 001.As such, the above company cannot transact the business of a non-banking financial institution, as defined in Clause (a) of Section 45 I of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 18, 1999 the application for certificate of registration submitted by the financial company M/s. Mahakaushal Finvest Ltd., 73, Royal Market Road, Opposite Motia Talab, Bhopal 462 001.As such, the above company cannot transact the business of a non-banking financial institution, as defined in Clause (a) of Section 45 I of
મે 18, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 17, 1999, the application for Certificate of Registration submitted by M/s. Minerva Finance (I) Ltd., a Non-Banking Financial Company having its Registered Office at Panskura Railway Station Bazar, Post Office - Panskura, District Midnapore, West Bengal.As such, the company cannot transact the business of a Non-Banking Fi
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 17, 1999, the application for Certificate of Registration submitted by M/s. Minerva Finance (I) Ltd., a Non-Banking Financial Company having its Registered Office at Panskura Railway Station Bazar, Post Office - Panskura, District Midnapore, West Bengal.As such, the company cannot transact the business of a Non-Banking Fi
મે 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 13, 1999, the application for Certificate of Registration submitted by M/s JKA Financial Services Ltd., a Non-Banking Financial Company having its Registered Office at S.C.O. 18, Sector 20-D, 1st floor, Chandigarh.As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Claus
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 13, 1999, the application for Certificate of Registration submitted by M/s JKA Financial Services Ltd., a Non-Banking Financial Company having its Registered Office at S.C.O. 18, Sector 20-D, 1st floor, Chandigarh.As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Claus
મે 12, 1999
RBI prohibits Trikone Mutual Benefits Ltd. from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Trikone Mutual Benefits Ltd., B-143, Sector C, Mahanagar Lucknow from accepting deposits with effect from May 12, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Trikone Mutual Benefits Ltd., B-143, Sector C, Mahanagar Lucknow from accepting deposits with effect from May 12, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powers conferred on it
મે 12, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 11, 1999, the application for certificate of registration submitted by M/s Farrukhabad Investment (India) Ltd., a Non-Banking financial Comapny having its Registered Office at (near) I. T. I. Chauraha, Farrukhabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on May 11, 1999, the application for certificate of registration submitted by M/s Farrukhabad Investment (India) Ltd., a Non-Banking financial Comapny having its Registered Office at (near) I. T. I. Chauraha, Farrukhabad, Uttar Pradesh.As such, the above company cannot transact the business of a non-banking financial institution
મે 06, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 4, 1999 the application for certificate of registration submitted by the financial company M/s. Prestigious Finance & Investment (I) Ltd., Swayamsidhi Commercial Complex, Exhibition Road, 1st Floor, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on May 4, 1999 the application for certificate of registration submitted by the financial company M/s. Prestigious Finance & Investment (I) Ltd., Swayamsidhi Commercial Complex, Exhibition Road, 1st Floor, Patna-800 001.As such, the above company cannot transact the business of a non-banking financial institution as defined
મે 05, 1999
RBI list of NBFCs registered and permitted to accept Public Deposits and those which have been denied registration to function as NBFC On RBI website
The Reserve Bank of India has on its website (URL: http://www.rbi.org.in) released the all India lists of non-banking financial companies.584 non-banking financial companies (NBFCs) whose applications for certificate for registration under Section 45IA of RBI Act, 1934 have been approved and have been allowed to hold/accept deposits from public; and1032 NBFCs including Residuary Non-Banking Companies (RNBCs) whose applications for certificate of registration under Sec
The Reserve Bank of India has on its website (URL: http://www.rbi.org.in) released the all India lists of non-banking financial companies.584 non-banking financial companies (NBFCs) whose applications for certificate for registration under Section 45IA of RBI Act, 1934 have been approved and have been allowed to hold/accept deposits from public; and1032 NBFCs including Residuary Non-Banking Companies (RNBCs) whose applications for certificate of registration under Sec
મે 03, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 28, 1999 the application for certificate of registration submitted by the financial company M/s. Immaculate Finance & investment Company Ltd., E 3, Vijay Tower, 6th Floor, Ankur Commercial Complex, Ankur Road, Naranpura, Ahmedabad-380 013.As such, the above company cannot transact the business of a non-banking finan
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 28, 1999 the application for certificate of registration submitted by the financial company M/s. Immaculate Finance & investment Company Ltd., E 3, Vijay Tower, 6th Floor, Ankur Commercial Complex, Ankur Road, Naranpura, Ahmedabad-380 013.As such, the above company cannot transact the business of a non-banking finan
એપ્રિલ 26, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 23, 1999 the application for certificate of registration submitted by the financial company M/s. Cee Kay Leasing and Finance Ltd., 75, Rajpur Road, Dehradun-248 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 23, 1999 the application for certificate of registration submitted by the financial company M/s. Cee Kay Leasing and Finance Ltd., 75, Rajpur Road, Dehradun-248 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank
એપ્રિલ 12, 1999
Escrow Account Facility for NBFCs to exit from Public Deposits
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) presently holding public deposits will be allowed to park an amount equivalent to the amount of outstanding public deposits together with the present value of future interest differentials (between the yield on investments and the obligation of the company to pay the rate of interest) in an escrow account subject to certain conditions.The escrow account facility to NBFCs will be sub
The Reserve Bank of India today announced that non-banking financial companies (NBFCs) presently holding public deposits will be allowed to park an amount equivalent to the amount of outstanding public deposits together with the present value of future interest differentials (between the yield on investments and the obligation of the company to pay the rate of interest) in an escrow account subject to certain conditions.The escrow account facility to NBFCs will be sub
એપ્રિલ 05, 1999
RBI prohibits Kuber Mutual Benefits Ltd. from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K(4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Kuber Mutual Benefits Ltd., Kuber Bhavan, Begum Bridge Road, Meerut, Uttar Pradesh, from accepting deposits with effect from April 5, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powe
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K(4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Kuber Mutual Benefits Ltd., Kuber Bhavan, Begum Bridge Road, Meerut, Uttar Pradesh, from accepting deposits with effect from April 5, 1999 in any form, whether by way of fresh deposits or renewal or otherwise.Further, in exercise of the powe
એપ્રિલ 05, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 1, 1999 the application for certificate of registration submitted by the financial company M/s.Maharaja Finance & Investment Co. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore-452 003.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 1, 1999 the application for certificate of registration submitted by the financial company M/s.Maharaja Finance & Investment Co. Ltd., 24, Sitabagh Colony, Dhenu Market, Indore-452 003.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 4
માર્ચ 05, 1999
RBI cautions against unauthorised use of RBI name by NBFCs
It has come to the notice of the Reserve Bank of India (RBI) that certain Non-Banking Finance Companies (NBFCs) and other persons are unauthorisedly using the RBI's name in their advertisements/neon sign boards and/or such other material while soliciting public deposits. Such display of the RBI's name by the registered NBFCs whether registered or unregistered, and unincorporated bodies in any manner whatsoever, is not only unauthorised and improper but it may also att
It has come to the notice of the Reserve Bank of India (RBI) that certain Non-Banking Finance Companies (NBFCs) and other persons are unauthorisedly using the RBI's name in their advertisements/neon sign boards and/or such other material while soliciting public deposits. Such display of the RBI's name by the registered NBFCs whether registered or unregistered, and unincorporated bodies in any manner whatsoever, is not only unauthorised and improper but it may also att
ફેબ્રુ 17, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 15, 1999 the application for certificate of registration submitted by M/s. Kothari Orient Finance Ltd., having its Registered Office at Kothari Buildings, 114, Mahatma Gandhi Road, Nungambakkam, Chennai-600 034.As such, the above company cannot transact the business of a non-banking financial institution as defined i
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 15, 1999 the application for certificate of registration submitted by M/s. Kothari Orient Finance Ltd., having its Registered Office at Kothari Buildings, 114, Mahatma Gandhi Road, Nungambakkam, Chennai-600 034.As such, the above company cannot transact the business of a non-banking financial institution as defined i
ફેબ્રુ 16, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Precede Housing & Finance Co. Ltd., FE/12/2, Vidyasagar Pally, P.O. Jyangra, Baguiati, Calcutta - 700 059.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Precede Housing & Finance Co. Ltd., FE/12/2, Vidyasagar Pally, P.O. Jyangra, Baguiati, Calcutta - 700 059.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cl
ફેબ્રુ 16, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 12, 1999 the application for certificate of registration submitted by the financial company M/s. Satadal Savings & Investment Ltd., 137, S. P. Mukherjee Road, Unit 18 (1st Floor), Calcutta - 700 026.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause
ફેબ્રુ 09, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on February 5, 1999 the application for certificate of registration submitted by M/s Enarai Finance Ltd., a Non-Banking Financial Company having its Registered Office at B-104, Station Plaza, Station Road, Bhandup (West), Mumbai 400 078.As such, the above company cannot transact the business of a non-banking financial institutio
ફેબ્રુ 02, 1999
Application for grant of Certificate of Registration rejected
February 2, 1999The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
February 2, 1999The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Marigold Motor Advances (India) Ltd., SCO-846 Shivalik Enclave, Manimajra, Chandigarh28.1.1999 2.M/s. Marigold Leasing (India) Ltd., SCO-846 Shivalik Enclave, Mani
જાન્યુ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 12, 1999, the application for certificate of registration submitted by M/s. Vasanthi Finance Ltd., having its Registered Office at 22-240/5, Nandita Complex, Opp. KPHB Colony, Kukatpally, Hyderabad-500 072.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
જાન્યુ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Memorial Finance & Investment (I) Ltd., 71/IA, Patuatola Lane, Calcutta-700 009.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
જાન્યુ 14, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 13, 1999 the application for certificate of registration submitted by the financial company M/s. Pittie Finance Ltd., 713, Raheja Centre, Nariman Point, Mumbai 400 021..As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
જાન્યુ 13, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 11, 1999, the application for certificate of registration submitted by the financial company M/s. Singal Leasefin Ltd., Singal House, 2367, Kalupur, Kot-Ni-Rang, Ahmedabad-380 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
જાન્યુ 12, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. S. M. Finance Ltd. No.6, Upper Ground Floor, Nalanda Apartment, Somajiguda, Hyderabad-500 08209.01.1999 2.M/s. Madhusudan
જાન્યુ 08, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Midwest Mutual Fund Ltd.1-10-73/1, Airport Road, Begumpet, Hyderabad-500 016.7.1.1999 2.M/s. Midwest Hire Purchase Ltd.1-1
જાન્યુ 08, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 7, 1999 the application for certificate of registration submitted by the financial company M/s. KMF Securities Limited, 1018, Bansal Chambers, Arya Samaj Road, Karol Baug, New Delhi- 110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Secti
જાન્યુ 05, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by M/s. Genius Financial Services Ltd., having its Registered Office at 1-10-7 & 8, 1st floor, S.P. Road, Begumpet, Hyderabad-500 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by M/s. Genius Financial Services Ltd., having its Registered Office at 1-10-7 & 8, 1st floor, S.P. Road, Begumpet, Hyderabad-500 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Cla
જાન્યુ 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998 the application for certificate of registration submitted by the financial company M/s. AP Finleasing India Ltd., 55-B, First Floor, Maurya Lok Complex, Patna-800001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
જાન્યુ 04, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, Hyderabad-500 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on January 2, 1999, the application for certificate of registration submitted by the financial company Jyothirmayi Finance Ltd., 1-2-365/26, R. K. Mutt Road, Damalguda, Hyderabad-500 029.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
જાન્યુ 04, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Bloom Financial Services Limited, 5A/4A, Ansari Road, Darya Ganj, New Delhi-110 002.29.12.1998 2.Bright Leasing & Finance Limited, B. 1 House,54, Janpath, New Delhi-110 00129.12.199
જાન્યુ 01, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 31, 1998, the application for certificate of registration submitted by the financial company M/s. Nagarjuna Capital Markets Ltd., 56, Nagarjuna Hills, Panjagutta, Hyderabad-500 082.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I o
જાન્યુ 01, 1999
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Allianz Capital & Management Services Limited, C-2, Green Park Extension, New Delhi-110 016.30.12.1998 2.M/s. AP Finleasing India Limited, 55-B, First Floor, Maurya Lok C
ડિસે 31, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.As such, the above company cannot transact the business of a non-banking financial insti
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 29, 1998, the application for certificate of registration submitted by M/s. Sanmac Motor Finance Ltd., a Non-Banking Financial Company having its Registered Office at Gems Court, A-8, 1st Floor, 14, K. N. K. Road, Chennai-600 006.As such, the above company cannot transact the business of a non-banking financial insti
ડિસે 31, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Cubex Securities Limited, 3-1-248/1, Somasundaram Street, Secunderabad.30.12.1998 2.Ravileela Financial Services Limited, Survey No.203, Sampanna Bolu Village, Shameerpet, R.R.District3
ડિસે 30, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Malti Finance & Leasing Ltd., Shri Ram Towers, Ashok Marg, Lucknow-226 001.28.12.1998 2.M/s. Hindustan Financial Management Ltd., 403-404, Vishal Bhawan, Nehru Place, New Delh
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Malti Finance & Leasing Ltd., Shri Ram Towers, Ashok Marg, Lucknow-226 001.28.12.1998 2.M/s. Hindustan Financial Management Ltd., 403-404, Vishal Bhawan, Nehru Place, New Delh
ડિસે 30, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998, the application for certificate of registration submitted by M/s. DNS Finance & Investment Co. Ltd., a Non-banking financial company having its Registered Office at 67/3, Rup Mancha, P. O. Habra, Dist. North 24-Parganas.As such, the above company cannot transact the business of a non-banking financial i
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998, the application for certificate of registration submitted by M/s. DNS Finance & Investment Co. Ltd., a Non-banking financial company having its Registered Office at 67/3, Rup Mancha, P. O. Habra, Dist. North 24-Parganas.As such, the above company cannot transact the business of a non-banking financial i
ડિસે 30, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998, the application for certificate of registration submitted by M/s. Manuelsons Investment & Leasing Co. (P) Ltd., a non-banking financial company having its Registered Office at 2B, MECCO Centre, Anna Salai, Chennai-600 001.As such, the above company cannot transact the business of a non-banking financial
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998, the application for certificate of registration submitted by M/s. Manuelsons Investment & Leasing Co. (P) Ltd., a non-banking financial company having its Registered Office at 2B, MECCO Centre, Anna Salai, Chennai-600 001.As such, the above company cannot transact the business of a non-banking financial
ડિસે 29, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998 the application for certificate of registration submitted by M/s. Alakhnanda Growth Funds Ltd., Karma House, 1-83, Lajpat Nagar II, New Delhi-110 024.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 28, 1998 the application for certificate of registration submitted by M/s. Alakhnanda Growth Funds Ltd., Karma House, 1-83, Lajpat Nagar II, New Delhi-110 024.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of
ડિસે 29, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 23, 1998 the application for certificate of registration submitted by the M/s. Patla Savings & Investment Pvt. Ltd., Ganj No.2, Bettiah, West Champaran District, Bihar.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Res
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 23, 1998 the application for certificate of registration submitted by the M/s. Patla Savings & Investment Pvt. Ltd., Ganj No.2, Bettiah, West Champaran District, Bihar.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Res
ડિસે 29, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 24, 1998 the application for certificate of registration submitted by the M/s. Godrich Finance & Securities Ltd., H-4, Masgid Moth, Greater Kailash II, New Delhi-110 048.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the R
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 24, 1998 the application for certificate of registration submitted by the M/s. Godrich Finance & Securities Ltd., H-4, Masgid Moth, Greater Kailash II, New Delhi-110 048.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the R
ડિસે 26, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 24, 1998 the application for certificate of registration submitted by M/s. Salem Rajaram Leasing Ltd., a Non-Banking Financial Company having its Registered Office at IInd floor, L.R.N. Buildings, Sarada College Road, Salem-636 007.As such, the above company cannot transact the business of a non-banking financial ins
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 24, 1998 the application for certificate of registration submitted by M/s. Salem Rajaram Leasing Ltd., a Non-Banking Financial Company having its Registered Office at IInd floor, L.R.N. Buildings, Sarada College Road, Salem-636 007.As such, the above company cannot transact the business of a non-banking financial ins
ડિસે 24, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Okara Mutual Benefit Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22.12.1998 2.M/s. Okara Securities Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Okara Mutual Benefit Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22.12.1998 2.M/s. Okara Securities Limited, 1557, Church Road, Kashmere Gate, New Delhi-110 006.22
ડિસે 24, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 23, 1998 the application for certificate of registration submitted by the financial company Allianz Securities Ltd., C-2 Green Park Extension, New Delhi-110 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank o
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 23, 1998 the application for certificate of registration submitted by the financial company Allianz Securities Ltd., C-2 Green Park Extension, New Delhi-110 016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank o
ડિસે 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 21, 1998 the application for certificate of registration submitted by the financial company M/s. Mahadev Corporation (India) Ltd., 187-A, Ashok Mohalla, Bootovalli Gali, Nangloi, New Delhi-110 041.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 21, 1998 the application for certificate of registration submitted by the financial company M/s. Mahadev Corporation (India) Ltd., 187-A, Ashok Mohalla, Bootovalli Gali, Nangloi, New Delhi-110 041.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) o
ડિસે 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 22, 1998 the application for certificate of registration submitted by the financial company Alsa Global Finance & Securities Ltd., AA-149, 3rd Avenue, Anna Nagar, Chennai-600 040.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 22, 1998 the application for certificate of registration submitted by the financial company Alsa Global Finance & Securities Ltd., AA-149, 3rd Avenue, Anna Nagar, Chennai-600 040.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I
ડિસે 22, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 18, 1998 the application for certificate of registration submitted by the financial company M/s. Extol Financial Services Ltd., 1/3, Amaltas Complex Shahpura, Bhopal-462016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Re
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 18, 1998 the application for certificate of registration submitted by the financial company M/s. Extol Financial Services Ltd., 1/3, Amaltas Complex Shahpura, Bhopal-462016.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Re
ડિસે 19, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Madhur Leasing Limited, B-9, Guru Nanak House, Ranjit Nagar, New Delhi-110 008.17.12.1998 2.M/s. Vee Pee Securities Limited, 208B, 11/56, D.B. Gupta Road, Karol Bagh, New Delhi-110
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Madhur Leasing Limited, B-9, Guru Nanak House, Ranjit Nagar, New Delhi-110 008.17.12.1998 2.M/s. Vee Pee Securities Limited, 208B, 11/56, D.B. Gupta Road, Karol Bagh, New Delhi-110
ડિસે 19, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 15, 1998 the application for certificate of registration submitted by the financial company M/s. Casion Leasing & Finance (India) Ltd.,230 B, AJC Bose Road, Calcutta-700020.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 15, 1998 the application for certificate of registration submitted by the financial company M/s. Casion Leasing & Finance (India) Ltd.,230 B, AJC Bose Road, Calcutta-700020.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
ડિસે 19, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 18, 1998, the application for certificate of registration submitted by M/s. Bhumica Lease Finance Ltd., a Non-Banking Financial Company having its Registered Office at Poonam Complex, Unjha-384 170 (North Gujarat).As such, the above company cannot transact the business of a non-banking financial institution as defined
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 18, 1998, the application for certificate of registration submitted by M/s. Bhumica Lease Finance Ltd., a Non-Banking Financial Company having its Registered Office at Poonam Complex, Unjha-384 170 (North Gujarat).As such, the above company cannot transact the business of a non-banking financial institution as defined
ડિસે 18, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 17, 1998, the application for certificate of registration submitted by M/s. First Financial Services Ltd., having its Registered Office at No.11, III Main Road, Seethammal Colony, Alwarpet, Chennai-600 018 for carrying on the business of a Non-banking Financial Institution.As such, the above company cannot transact th
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 17, 1998, the application for certificate of registration submitted by M/s. First Financial Services Ltd., having its Registered Office at No.11, III Main Road, Seethammal Colony, Alwarpet, Chennai-600 018 for carrying on the business of a Non-banking Financial Institution.As such, the above company cannot transact th
ડિસે 18, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company M/s. Metro General Credits Ltd., Grace Building, 25, Menchols Road, Chetput, Chennai-600 031.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company M/s. Metro General Credits Ltd., Grace Building, 25, Menchols Road, Chetput, Chennai-600 031.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ડિસે 16, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. M. M. Leasing Limited, House No.57, Sector 28-A, Chandigarh. 15.12.1998 2.M/s. Sagitarian Finlease Ltd., B-15, Gulmohar Park, New Delhi- 110 049.15.12.1998As such, the above compan
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. M. M. Leasing Limited, House No.57, Sector 28-A, Chandigarh. 15.12.1998 2.M/s. Sagitarian Finlease Ltd., B-15, Gulmohar Park, New Delhi- 110 049.15.12.1998As such, the above compan
ડિસે 16, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company Silpa Finance & Investments Private Ltd., 3-1-630, Vijay Raghunandan Nagar,Karimnagar, Hyderabad-505 002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 16, 1998 the application for certificate of registration submitted by the financial company Silpa Finance & Investments Private Ltd., 3-1-630, Vijay Raghunandan Nagar,Karimnagar, Hyderabad-505 002.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a
ડિસે 15, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 14, 1998, the application for certificate of registration submitted by the financial company M/s. Kurmanchal Lease & Investment Ltd., 72-C, Upper Portion, Prasad Nagar, Karol baugh, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Claus
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 14, 1998, the application for certificate of registration submitted by the financial company M/s. Kurmanchal Lease & Investment Ltd., 72-C, Upper Portion, Prasad Nagar, Karol baugh, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Claus
ડિસે 14, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 11, 1998, the application for certificate of registration submitted by the financial company Nandy Investments Ltd.,101, Building No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 11, 1998, the application for certificate of registration submitted by the financial company Nandy Investments Ltd.,101, Building No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ડિસે 14, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 12, 1998 the application for certificate of registration submitted by the financial company M/s. Sagar Suri Estates and Finance Ltd., Sagar Apartments, 6, Tilak Marg, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 12, 1998 the application for certificate of registration submitted by the financial company M/s. Sagar Suri Estates and Finance Ltd., Sagar Apartments, 6, Tilak Marg, New Delhi-110 001.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Master Fincorp Private Ltd.Door No.27-6-177/A, Prakasam Road, Governerpet, Vijayawada-520 00211-12-1998 2.M/s Shagun Finleas
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Master Fincorp Private Ltd.Door No.27-6-177/A, Prakasam Road, Governerpet, Vijayawada-520 00211-12-1998 2.M/s Shagun Finleas
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s Ketaki International and Finance Ltd.A-12, Raj Industrial Complex, Military Road, Marol, Andheri(E), Mumbai-400 05911-12
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s Ketaki International and Finance Ltd.A-12, Raj Industrial Complex, Military Road, Marol, Andheri(E), Mumbai-400 05911-12
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Krishna Sai Jayachakra Hire Purchase Ltd.4-11-120, Bhavani Road, Kamareddy (A.P.)10-12-1998 2.Sri Ratnasai Finseec Ltd.Vaddi
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Krishna Sai Jayachakra Hire Purchase Ltd.4-11-120, Bhavani Road, Kamareddy (A.P.)10-12-1998 2.Sri Ratnasai Finseec Ltd.Vaddi
ડિસે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Nandy Investments Ltd.101, Buliding No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi11-12-1998As such, the above comp
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:-Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Nandy Investments Ltd.101, Buliding No.9, Somdutt Chamber-II, Bhikaji Cama Place, New Delhi11-12-1998As such, the above comp
ડિસે 11, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 5, 1998, the application for certificate of registration submitted by M/s.Mantora Investment Ltd., a non-banking financial company having its Registered Office at 13A, Prassanna Kumar St., Calcutta-700 006.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on December 5, 1998, the application for certificate of registration submitted by M/s.Mantora Investment Ltd., a non-banking financial company having its Registered Office at 13A, Prassanna Kumar St., Calcutta-700 006.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clau
ડિસે 11, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Yogi Leasing & Finance Ltd.Yogi House, Laksar Road, Kankhal, Haridwar (U.P.)8.12.1998 2.GIL Leasing & Hire Purc
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Yogi Leasing & Finance Ltd.Yogi House, Laksar Road, Kankhal, Haridwar (U.P.)8.12.1998 2.GIL Leasing & Hire Purc
ડિસે 11, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Gild Edge Finance Ltd.3, Community Centre, 2nd Floor Area, Lawrence Road, Delhi-110 0359.12.1998 2.M/s. Gondwana Finance
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Gild Edge Finance Ltd.3, Community Centre, 2nd Floor Area, Lawrence Road, Delhi-110 0359.12.1998 2.M/s. Gondwana Finance
ડિસે 11, 1998
RBI prohibits Lions Mutual Benefits Ltd., Lucknow from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Lions Mutual Benefits Ltd., A-7, Sector J, Aliganj, Lucknow, from accepting deposits with effect from December 11, 1998 and the company is prohibited from accepting deposits from the existing depositors/certificate holders, in any form, whe
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Lions Mutual Benefits Ltd., A-7, Sector J, Aliganj, Lucknow, from accepting deposits with effect from December 11, 1998 and the company is prohibited from accepting deposits from the existing depositors/certificate holders, in any form, whe
ડિસે 10, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Schematic Finance Ltd.Schematic House, 18/1021, Main Arya Samaj Road, Karol Bagh, New Delhi 110 0055.12.1998 2.Udayasree Fina
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Schematic Finance Ltd.Schematic House, 18/1021, Main Arya Samaj Road, Karol Bagh, New Delhi 110 0055.12.1998 2.Udayasree Fina
ડિસે 10, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial company:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Sri Chakra Financial Services Ltd.6-3-802, Sri Chakra Chambers, Ameerpet, Hyderabad-506 0168.12.1998As such, the above company
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial company:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Sri Chakra Financial Services Ltd.6-3-802, Sri Chakra Chambers, Ameerpet, Hyderabad-506 0168.12.1998As such, the above company
ડિસે 09, 1998
Application for grant of Certificate of Registration rejected
December 9, 1998The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Abhinandan Housing & Finance (I) Ltd.J.K. Kedia Road, Hojai, Assam - 782 4352.12.1998 2.M/s. Meghfin
December 9, 1998The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.M/s. Abhinandan Housing & Finance (I) Ltd.J.K. Kedia Road, Hojai, Assam - 782 4352.12.1998 2.M/s. Meghfin
ડિસે 07, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Pacific Pearl Finance & Leasing Ltd.,901, Rohit House, 3, Tolstoy Marg, New Delhi-110001.3.12.19982.Sunrise Securities Lt
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted non-banking financial companies:Sr.No.Name of the CompanyAddress of the Registered Office of the CompanyRejected on1.Pacific Pearl Finance & Leasing Ltd.,901, Rohit House, 3, Tolstoy Marg, New Delhi-110001.3.12.19982.Sunrise Securities Lt
ડિસે 04, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Sri Vikhyat Finance & Leasing Ltd. Shop No.3,4 & 5, Jagadamba Complex Main Road, Manchirial Adilabad (Dis.) Andhra Pradesh1.12.19982.M/s. Om Samaradhi Leasing & Housing Fin
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.Sri Vikhyat Finance & Leasing Ltd. Shop No.3,4 & 5, Jagadamba Complex Main Road, Manchirial Adilabad (Dis.) Andhra Pradesh1.12.19982.M/s. Om Samaradhi Leasing & Housing Fin
ડિસે 03, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 2, 1998 the application for certificate of registration submitted by M/s. Andal Financial Services Ltd., 5-9-22/102, Adarsh Nagar, Hyderabad - 500 463.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India Ac
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 2, 1998 the application for certificate of registration submitted by M/s. Andal Financial Services Ltd., 5-9-22/102, Adarsh Nagar, Hyderabad - 500 463.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India Ac
ડિસે 02, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Dashmesh Leasing Pvt. Ltd., SCO 68-70, Sector 17-C, Chandigarh-160 017.30.11.19982.M/s. Sterling Holiday Finvest Ltd., Karumuttu Centre, 7th Floor, 498, Anna Salai, Chennai-600 035
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:Sr.No.Name of the CompanyRejected on1.M/s. Dashmesh Leasing Pvt. Ltd., SCO 68-70, Sector 17-C, Chandigarh-160 017.30.11.19982.M/s. Sterling Holiday Finvest Ltd., Karumuttu Centre, 7th Floor, 498, Anna Salai, Chennai-600 035
ડિસે 02, 1998
RBI prohibits Triveni Greenery Finlease (India) Ltd., Jaipur from accepting deposits
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Triveni Greenery Finlease (India) Ltd., 15, Diggi House, Shivaji Marg, Ram Singh Road, Jaipur - 302 004, from accepting deposits with effect from December 1, 1998 and the company is prohibited from accepting deposits from the existing depos
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of the powers, conferred on it under Section 45K (4) read with Section 45MB(1) of the Reserve Bank of India Act, 1934 has prohibited Triveni Greenery Finlease (India) Ltd., 15, Diggi House, Shivaji Marg, Ram Singh Road, Jaipur - 302 004, from accepting deposits with effect from December 1, 1998 and the company is prohibited from accepting deposits from the existing depos
નવે 28, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 25, 1998, the application for certificate of registration submitted by the financial company M/s. Adonis Finance Ltd., 203, Dhaka Chambers, 2069/39, Naiwala, Karol Baug, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 25, 1998, the application for certificate of registration submitted by the financial company M/s. Adonis Finance Ltd., 203, Dhaka Chambers, 2069/39, Naiwala, Karol Baug, New Delhi-110 005.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
નવે 27, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies: Sr.No.Name of the CompanyRejected on 1.Pagia Finance Limited, Pagia House, 1st floor, Bazpur Road, Kashipur, Dist.Udham Singh Nagar (UP).24.11.19982.Vishwakarma Securities Ltd., 4/7/322/2, 2nd floor Esamia Bazar, Hyderabad
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies: Sr.No.Name of the CompanyRejected on 1.Pagia Finance Limited, Pagia House, 1st floor, Bazpur Road, Kashipur, Dist.Udham Singh Nagar (UP).24.11.19982.Vishwakarma Securities Ltd., 4/7/322/2, 2nd floor Esamia Bazar, Hyderabad
નવે 27, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 25, 1998 the application for certificate of registration submitted by the M/s. CIFCO Finance Limited, 208, Regent Chambers, Jamanalal Bajaj Marg, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 25, 1998 the application for certificate of registration submitted by the M/s. CIFCO Finance Limited, 208, Regent Chambers, Jamanalal Bajaj Marg, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
નવે 26, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 24, 1998 the application for certificate of registration submitted by the financial company M/s. Srushti Credit and Capital Ltd., 4, Business Plaza, Tulsiwadi Road, Tardeo, Mumbai 400 034.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 24, 1998 the application for certificate of registration submitted by the financial company M/s. Srushti Credit and Capital Ltd., 4, Business Plaza, Tulsiwadi Road, Tardeo, Mumbai 400 034.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
નવે 25, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 20, 1998, the application for certificate of registration submitted by the financial company M/s. Standard Savings & Investments Co. Ltd., Gola Ghat Chowk, Bhagalpur.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserv
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 20, 1998, the application for certificate of registration submitted by the financial company M/s. Standard Savings & Investments Co. Ltd., Gola Ghat Chowk, Bhagalpur.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserv
નવે 24, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 21, 1998, the application for certificate of registration submitted by the M/s. Nath Capital & Financial Services Limited, a Non-Banking Financial Company having its Registered Office at 1, Chatean Windsor, 86, Veer Nariman Road, Churchgate, Mumbai 400 020.As such, the above company cannot transact the business of
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 21, 1998, the application for certificate of registration submitted by the M/s. Nath Capital & Financial Services Limited, a Non-Banking Financial Company having its Registered Office at 1, Chatean Windsor, 86, Veer Nariman Road, Churchgate, Mumbai 400 020.As such, the above company cannot transact the business of
નવે 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. New Royal Prompt Investments & Leasing Ltd., 750, Sarafa Silver Compound, Jabalpur-482 002 (M.P.).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. New Royal Prompt Investments & Leasing Ltd., 750, Sarafa Silver Compound, Jabalpur-482 002 (M.P.).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of
નવે 23, 1998
Rejection of application for certificate of registration
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. Avia Finance & Investments Pvt. Ltd., 145 C Mittal Court, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserv
The Reserve Bank of Indiain exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 21, 1998 the application for certificate of registration submitted by the M/s. Avia Finance & Investments Pvt. Ltd., 145 C Mittal Court, Nariman Point, Mumbai 400 021.As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserv
નવે 21, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mohali Hire Purchase Private Ltd., Village Dappar, District Patiala, Punjab. 20.11.1998 2. M/s. Canopy Securities & Finance Ltd., Top Floor, Mahashakti Complex, Stadium Cr
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mohali Hire Purchase Private Ltd., Village Dappar, District Patiala, Punjab. 20.11.1998 2. M/s. Canopy Securities & Finance Ltd., Top Floor, Mahashakti Complex, Stadium Cr
નવે 20, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Faldrup Finance Pvt. Ltd., 18, Ramco Apartments, 18th Floor, Khar (West), Mumbai 400 052. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Faldrup Finance Pvt. Ltd., 18, Ramco Apartments, 18th Floor, Khar (West), Mumbai 400 052. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section
નવે 20, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Bright Future Finance & Investment Ltd., P-38 Block-B, Lake Town, Calcutta-700 089. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 19, 1998, the application for certificate of registration submitted by the financial company M/s. Bright Future Finance & Investment Ltd., P-38 Block-B, Lake Town, Calcutta-700 089. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45
નવે 19, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mahanivesh (India) Ltd., 13/34, W.E.A., 4th Floor, Arya Samaj Road, Karol Baug, New Delhi-110 005. 18.11.1998 2. M/s.Geefcee Finance Ltd., Baroda Road, Gohana, Haryana-124 30
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Mahanivesh (India) Ltd., 13/34, W.E.A., 4th Floor, Arya Samaj Road, Karol Baug, New Delhi-110 005. 18.11.1998 2. M/s.Geefcee Finance Ltd., Baroda Road, Gohana, Haryana-124 30
નવે 19, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 18, 1998, the application for certificate of registration submitted by M/s. Chicago Futures & Finance Ltd., a non-banking financial company having its Registered Office at 710-D, GIDC Estate, Ankleshwar-393 002. As such, the above company cannot transact the business of a non-banking financial institution as defin
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934 has rejected on November 18, 1998, the application for certificate of registration submitted by M/s. Chicago Futures & Finance Ltd., a non-banking financial company having its Registered Office at 710-D, GIDC Estate, Ankleshwar-393 002. As such, the above company cannot transact the business of a non-banking financial institution as defin
નવે 17, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 14, 1998, the application for certificate of registration submitted by M/s. Lalchand Hastimal Investment Private Ltd., having its Registered Office at 7-2-765, Pot Market, Secunderabad 500 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 14, 1998, the application for certificate of registration submitted by M/s. Lalchand Hastimal Investment Private Ltd., having its Registered Office at 7-2-765, Pot Market, Secunderabad 500 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of S
નવે 16, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Pigeon Finance & Investment (India) Ltd., Maharaja Building, Karman Tola, Station Road, ARA-802 301, Bihar State. 13.11.1998 2. M/s. Rich Capital and Financial Services L
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Pigeon Finance & Investment (India) Ltd., Maharaja Building, Karman Tola, Station Road, ARA-802 301, Bihar State. 13.11.1998 2. M/s. Rich Capital and Financial Services L
નવે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Swami Enterprises (P) Ltd., 4819/24, Mathur Lane, Ansari Road, Daryaganj, New Delhi-110 002. 9.11.1998 2. M/s. Kajla Finvest Ltd., 14-B, Deepali, Pritam Pura, New Delhi. 9.11
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Swami Enterprises (P) Ltd., 4819/24, Mathur Lane, Ansari Road, Daryaganj, New Delhi-110 002. 9.11.1998 2. M/s. Kajla Finvest Ltd., 14-B, Deepali, Pritam Pura, New Delhi. 9.11
નવે 12, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Arunodaya Savings & Investments (I) Ltd., A/9X/14 (SQ), Station Road, Kalyani Nadia 741 235 (WB) 9.11.1998 2. M/s. Integrated Leasing & Finance (P) Ltd., 171, Kailash
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Arunodaya Savings & Investments (I) Ltd., A/9X/14 (SQ), Station Road, Kalyani Nadia 741 235 (WB) 9.11.1998 2. M/s. Integrated Leasing & Finance (P) Ltd., 171, Kailash
નવે 11, 1998
Banks can rediscount transport sector bills discounted by NBFCs
The Reserve Bank of India has allowed banks to rediscount bills discounted by non-banking financial companies (NBFCs) arising from sale of commercial vehicles including light commercial vehicles. Banks should, however, ensure that such rediscounting is subject to normal lending safeguards. This measure will enable NBFCs to have recourse to further finance through the rediscounting of bills. In a circular issued to all scheduled commercial banks today, the Reserve Bank
The Reserve Bank of India has allowed banks to rediscount bills discounted by non-banking financial companies (NBFCs) arising from sale of commercial vehicles including light commercial vehicles. Banks should, however, ensure that such rediscounting is subject to normal lending safeguards. This measure will enable NBFCs to have recourse to further finance through the rediscounting of bills. In a circular issued to all scheduled commercial banks today, the Reserve Bank
નવે 11, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Starjyot Credit & Finance Ltd., 24/4, White House, Savarkar Nagar, Navghar, Vasai (W) Thane-401 202 10.11.1998 2. M/s. Shantidoot Finance & Investment Co. Ltd., G. T.
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Starjyot Credit & Finance Ltd., 24/4, White House, Savarkar Nagar, Navghar, Vasai (W) Thane-401 202 10.11.1998 2. M/s. Shantidoot Finance & Investment Co. Ltd., G. T.
નવે 10, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Credential Holdings Pvt. Ltd., 618, Maker Chambers V, Nariman Point, Mumbai 400 0021. 5.11.1998 2. M/s. Madhumilan Fincorp Ltd., Dhiraj Chambers, 94, Somani Marg, Fort, Mumba
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of a certificate of registration submitted by the undernoted financial companies: Sr.No. Name of the Company Rejected on 1. M/s. Credential Holdings Pvt. Ltd., 618, Maker Chambers V, Nariman Point, Mumbai 400 0021. 5.11.1998 2. M/s. Madhumilan Fincorp Ltd., Dhiraj Chambers, 94, Somani Marg, Fort, Mumba
નવે 09, 1998
Rejection of applications for certificates of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificates of registration submitted by the following financial companies: Name and address of the Company Date of rejection of application 1. M/s. Baroda Agro Industries Ltd., 3rd Floor, Rainbow House, Pratap Road, Raopura, Baroda-390001. 5.11.1998 2. M/s. Anand Credit Limited, 1002, `Hemkoot', Ashram Roa
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificates of registration submitted by the following financial companies: Name and address of the Company Date of rejection of application 1. M/s. Baroda Agro Industries Ltd., 3rd Floor, Rainbow House, Pratap Road, Raopura, Baroda-390001. 5.11.1998 2. M/s. Anand Credit Limited, 1002, `Hemkoot', Ashram Roa
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